Sign In Join 



Got a Quick Question for a Car Dealer?

2394 messages,  Last post on Nov 03, 2009 at 11:03 AM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying, Car Selling


Messages Page 57 of 240
1
...
54
55
56
57
58
59
60
...
240
Prev
Next
Last
Go To Msg #
Search This Discussion

#558 of 2394
Re: Car leasing question [boomchek] by madmanmoo
Dec 30, 2008 (6:56 am)
Reply

Replying to: boomchek (Dec 29, 2008 11:27 am)

In my experience, sign and drive means $0 due at signing. Dealer pays your first month's payment, tax, title, registration, etc. That leaves you to supply excellent credit and a signing hand.
#559 of 2394
Re: Car leasing question [madmanmoo] by boomchek
Dec 30, 2008 (10:07 am)
Reply

Replying to: madmanmoo (Dec 30, 2008 6:56 am)

Dealer pays your first month's payment, tax, title, registration, etc
 
In Canada, or at least in BC, you have to pay for the registration and insurance up front.
 
So here it's "Sign and pay for registration/insurance and then drive lease event"
 
Maybe in the US is different.
#560 of 2394
Re: Car leasing question [madmanmoo] by volvomax
Dec 30, 2008 (11:19 am)
Reply

Replying to: madmanmoo (Dec 30, 2008 6:56 am)

In my experience, sign and drive means $0 due at signing. Dealer pays your first month's payment, tax, title, registration, etc. That leaves you to supply excellent credit and a signing hand.
 
Usually, all that stuff gets rolled into the lease.
#561 of 2394
Re: fees on out-of-state purchase [volvomax] by zwartepiet
Dec 30, 2008 (12:05 pm)
Reply

Replying to: volvomax (Dec 18, 2008 12:23 pm)

Thanks for your reply, volvomax. I'm going to sign off on this deal tomorrow and the only fee that the dealer is hedging on is the cost of the plates.
 
19490 base price
 1169.40 sales tax 6%
     45.00 documentation fee (maximum allowed by NY)
     10.00 inspection
     10.00 Interstate transit permit
     12.50 NY State Waste Tire fee
    ? whatever PA charges for plates would be extra
20736.90 new total for car
 
You mentioned the 3rd party title service. The dealer said he intends to use a 3rd party service to get the plates for us. He intends to pass the cost of that service plus the cost of the plates onto us. Shouldnt the cost of using a 3rd party service for any type of processing be covered by the agreed-upon documentation fee? I figured once I agreed to pay this $45 doc fee, I could expect the actual tags, registration, and title transfer costs to be the same as if I walked into a PA DMV office and handled it myself.
 
Since I've put my numbers in this email, I'd like to ask you and anyone else reading about sales tax. The dealer quoted 6% when he should have quoted 7%. Do you think it is necessary to correct this before we close the deal? I'm thinking it doesnt make a difference. I expect that once the title transfer to my home state has been completed, the DMV will come looking for me to pay use tax and at that time they will discover I didnt pay enough up front and I will be asked to pay the other 1%. So I could pay it all now or wait for the DMV to catch the error later and pay the rest at that point, I suppose.
#562 of 2394
Re: fees on out-of-state purchase [zwartepiet] by joel0622
Dec 30, 2008 (12:10 pm)
Reply

Replying to: zwartepiet (Dec 30, 2008 12:05 pm)

I would guess that you need to speak up now about the sales tax. The whole reason they sent you a quote was to look over and see if you agree with the figures. Not fixing it now will slow down your title work
#563 of 2394
Re: fees on out-of-state purchase [zwartepiet] by golic
Dec 30, 2008 (12:40 pm)
Reply

Replying to: zwartepiet (Dec 30, 2008 12:05 pm)

I would verify the sales tax rate as well as the jurisdiction. Make your life easy now rather than complicated later. In my state you have 30 days to file the use tax return or you will be subject to late fees and interest. In your case, it is not worth the 1% error
 
So confirm that the dealership is using the correct sales tax rate for your jurisdiction and correct the dealer. In today's economic crisis, State Departments of Revenue are aggressively perusing shortfalls.
#564 of 2394
Re: fees on out-of-state purchase [golic] by oldfarmer50
Dec 31, 2008 (5:56 am)
Reply

Replying to: golic (Dec 30, 2008 12:40 pm)

"...I would verify the sales tax rate as well as the jurisdiction..."
 
I agree, particularly if it involves NY state sales tax. A bigger bunch of thugs you have never seen. I would rather have the FBI, IRS and CIA after me than these goons.
 
This is the same bunch which has pulled stunts such as sending 3 burly agents to the home of an 8 year old to threaten him with jail if he did not collect sales tax on the worms he was selling as bait in his driveway. They also send agents to malls in NJ to record NY licence plates so they can send the owners nasty letters at Christmas time demanding tax on out-of-state purchases. They also call in struggling business owners and tell them "your type of business should be making more money so we want you to pay sales tax on what WE THINK you should be making".
 
Beware, you are dealing with the devil!
#565 of 2394
Re: fees on out-of-state purchase [zwartepiet] by volvomax
Dec 31, 2008 (7:03 am)
Reply

Replying to: zwartepiet (Dec 30, 2008 12:05 pm)

Typically, a Doc Fee only covers the cost of doing plates in the state where the dealer does business.
However, most Doc Fees are just air.
If the 3rd party title co service fee isn't too much, there is no reason why the selling dealer can't just absorb it.
#566 of 2394
Why are some dealers still hanging on to 2007 inventory? by mursilis
Jan 06, 2009 (12:52 pm)
Reply
Why not just sell it, even at a substantial loss? Isn't it costing money just sitting there? It's certainly depreciating on the lot.
 
The dealer I'm thinking about is a local Chrysler dealer with 8-10 2007 Chryslers (some Crossfires, Pacificas, PT Cruisers, and a 300) in his used car inventory, but all are listed at less than 10 miles, meaning they're probably new, unsold stock which was handed over to the used car department. (I used to work there as a parts go-fer 15 years ago, and that's what they did with the old stock back then.) It's just odd the dealer hasn't found a way to dump these cars by now. And this is in a major metro area, so it's not like there aren't potential customers around.
#567 of 2394
Re: Why are some dealers still hanging on to 2007 inventory? [mursilis] by boomchek
Jan 06, 2009 (1:13 pm)
Reply

Replying to: mursilis (Jan 06, 2009 12:52 pm)

They're counting on that one customer who will come and buy it at cost so they can minimize their losses.
 
That wait can be a long one as we have one 07 still left over.

Messages Page 57 of 240
1
...
54
55
56
57
58
59
60
...
240
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement